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Wesfarmers Limited (WES.AX)


ASX - ASX Delayed Price. Currency in AUD
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40.68-0.09 (-0.22%)
At close: 4:10PM AEST

Wesfarmers Limited

Brookfield Place Tower 2
Level 14
Perth, WA 6000
Australia
61 8 9327 4211
http://www.wesfarmers.com.au

SectorServices
IndustryGrocery Stores
Full Time Employees220,000

Key Executives

NameTitlePayExercisedAge
Mr. Richard J. B. Goyder AO, B.Com, FAICDChief Exec. Officer, Managing Director and Exec. Director5.58MN/A57
Mr. Terry J. Bowen BAcct, FCPAFin. Director and Exec. Director3.35MN/A50
Mr. Robert G. ScottDeputy Chief Exec. Officer and Managing Director of Wesfarmers Industrials Division1.89MN/A47
Mr. John DurkanManaging Director of Coles3.79MN/A53
Mr. Guy A. RussoChief Exec. Officer of Department Stores3.85MN/A57
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Wesfarmers Limited engages in the retail, coal mining and production, gas processing and distribution, industrial and safety product distribution, chemicals and fertilizers manufacturing, and investment businesses in Australia, New Zealand, the United Kingdom, and internationally. The company operates 787 Coles supermarkets, as well as provides credit cards, and home, car, life, and landlord insurance products; 865 liquor stores under the Liquorland, Vintage Cellars, and First Choice Liquor brands; 89 hotels; 690 fuel and convenience outlets; and an online supermarket. It also offers home improvement and outdoor living products through warehouses under the Bunnings name; apparel, homewares, and general merchandise through approximately 300 Target stores and 200 Kmart stores; automotive services, repairs, and tires through 240 Kmart Tyre & Auto Service centers; and office products and solutions through Officeworks stores. In addition, the company supplies building materials; retails office and technology products; manufactures and supplies ammonia, ammonium nitrate, industrial chemicals, sodium cyanide, polyvinyl chloride resins, and wood-plastic composite decking and screening products; extracts and distributes LPG and LNG; and manufactures, imports, and distributes phosphate, nitrogen, and potassium-based fertilizers. Further, the company supplies industrial supplies and safety products; provides maintenance, repair and operations, engineering, safety, workwear, and packaging services to business customers; offers industrial and corporate workwear; distributes industrial gas; and holds interests in the Curragh and the Bengalla coal mines. Wesfarmers Limited was founded in 1914 and is based in Perth, Australia.

Corporate Governance

Wesfarmers Limited’s ISS Governance QualityScore as of June 2, 2017 is 2. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.